Green Stream Holdings (GSFI) Announces Plans and Preparation for Listing Application on OTCQB Venture Capital Marketplace

Brooklyn, New York–(Newsfile Corp. – March 11, 2021) – Green Stream Holdings Inc. (OTC PINK: GSFI) (“the Company”) (http://www.GreenRainSolar.com), an emerging leader in the solar utilities and finance space, today announces that it meets the eligibility requirements to apply for trading on OTC Markets’ OTCQB® Venture Markets and is preparing to file a listing application in the coming weeks.

Below are the eligibility, reporting and verification requirements as set forth by OTC Markets on its website:

Eligibility criteria

  • US companies must have their annual financial statements audited by a PCAOB auditor. (Level 2 Regulation A companies are exempt from the requirement to use a PCAOB auditor for their initial audit)

  • Meet the minimum bid price test of $0.01

  • Not be bankrupt

  • Have at least 50 beneficial shareholders, each holding at least 100 shares

  • Have a freely traded public float of at least 10% of the total issued and outstanding of that security.

Companies with a free-traded public float of at least 5% (and $2 million in public float market value), or a separate class of securities traded on a national stock exchange may apply for an exemption (see OTCQB standards)

Reporting requirements

Meet one of the following reporting standards:

  • SEC Reporting Standard

  • Regulation A Reporting Standard (Level 2)

  • US Bank Reporting Standard

  • International Reporting Standard

  • Alternative reporting standard

  • Timely disclosure of material news

Corporate governance requirements (alternative reports only)

  • Have a board of directors that includes at least two independent directors

  • Have an Audit Committee, the majority of whose members are Independent Directors

Verification requirements

Green Stream Holdings, Inc. CEO James DiPrima said, “We are delighted to have taken debt off the books, improved overall shareholder accessibility through our new transfer agent, Olde Monmouth Stock Transfer Co., and operations are progressing at full speed on our main projects such as 160 Imlay Street in New York. We are now arranging all the necessary steps to apply to OTC Markets for the flourishing OTCQB® in the coming weeks.

Shareholders — visit greenrainsolar.com. where you can see news, filings and even a Level 2 live stream from Green Stream, as well as other company information.

GSFI Business Proposal

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About Green Stream Finance, Inc.:

Green Stream Finance, Inc., a Wyoming-based company with satellite offices in Malibu, CA and New York, NY, is focused on tapping into currently unmet solar energy markets, and is currently licensed in California, Nevada, Arizona and Washington. , New York, New Jersey, Massachusetts, New Mexico, Colorado, Hawaii and Canada. The Company’s next-generation solar greenhouses built and operated by Green Rain Solar, LLC, a Nevada-based division, utilize proprietary greenhouse technology and proprietary design developed by world-renowned architect, Mr. Antony Morali . The Company is currently targeting high growth solar market segments for its advanced solar greenhouses and advanced solar battery products. The company has a growing footprint in the largely underserved solar market in New York City, where it is targeting 50,000 to 100,000 square feet of rooftop space for the installation of its solar panels. Green Stream seeks to forge key partnership with major investment groups, broker-dealers and private investors to capitalize on a variety of unique investment opportunities in commercial solar energy markets. The Company is determined to become a major player in this critical space. Through its innovative solar product offerings and industry partnerships, the Company is well positioned to become a significant player in the solar space.

Transfer Agent: Olde Monmouth Stock Transfer Co
200 Memorial Parkway
Atlantic Highlands, NJ 07716
732.872.2727

Forward-looking statements:

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This document contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. This includes the possibility that the business described in this press release cannot be completed for any reason. This may be due to technical, installation, licensing or other issues that were not anticipated. These forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Green Stream Finance, Inc. to differ materially from the statements made herein. Except for any obligation under US federal securities laws, Green Stream Finance, Inc. undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events or other .

For all enquiries, contact:
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/76871

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